News

News

40 days ago

GLOBAL SOLAR POWER INSTALLATIONS REACH RECORD 600GW IN 2024!

In 2024, the world reached a major milestone in the energy transition, installing a record-breaking 600GW of new solar power capacity. This represents a 29% year-on-year increase from the 459GW installed in 2023 and underscores the growing momentum behind photovoltaic energy as a core driver of global decarbonisation.

China Leads Global Expansion

China accounted for over half of this new capacity, contributing an outstanding 334GW of solar installations. This growth was fuelled by robust government support, strategic policy incentives, and continued investment in domestic manufacturing.

Other key contributors included:

India: Added 23GW, a 77% year-on-year increase.
United States: Installed 20GW in the first half of the year - marking a 55% rise compared to the same period in 2023.

A Booming Sector Facing New Pressures

While this rapid expansion is a positive indicator for global renewables adoption, it has also introduced challenges:

Overcapacity in the supply chain
Plummeting solar module prices
Calls for industry consolidation to improve efficiency and sustainability

Looking Ahead

According to the International Energy Agency (IEA), the solar sector is expected to maintain its trajectory, with projections indicating annual additions could reach 940GW by 2030.

FAQs

Q: How much solar capacity was installed globally in 2024?
A: 600GW, a record-breaking figure and 29% more than in 2023.

Q: Which countries contributed most to global growth?
A: China led with 334GW, followed by India (23GW) and the United States (20GW).

Q: What are the biggest challenges facing the solar industry?
A: Oversupply, falling module prices, and a fragmented supply chain are pressing issues.

Q: Will solar installations continue to grow?
A: Yes. The IEA forecasts nearly 940GW in annual additions by 2030, driven by global decarbonisation goals.

Whether you’re hiring or exploring new opportunities in solar, now is the perfect time to connect with our specialist team.

Interested in a career move? Contact our solar team here.

Sources: PVTech.org, Reuters, ReNews

Latest Jobs

Solar Recruitment

Sr. Sales Manager – Solar Module & Solutions Sales (DG / C&I)

Saudi Arabia - Saudi Arabia

Sales Manager / Senior Sales Manager – Solar Modules & Solutions Location: Riyadh / Jeddah, Saudi Arabia Experience: 5–7 years Qualification: B.Tech or equivalent in Engineering (MBA preferred) Industry: Renewable Energy / Solar Modules About the Role: A prestigious staffing agency is seeking an experienced and driven Sales Manager / Senior Sales Manager to spearhead solar modules and solutions sales in Saudi Arabia, with a focus on the Distributed Generation (DG) / Commercial & Industrial (C&I) market. This role involves cultivating and managing relationships with EPC companies, developers, and installers engaged in rooftop and small-scale ground-mounted projects. What’s in it for You: - Competitive Compensation: Enjoy a robust base salary complemented by attractive sales commissions. - Autonomy and Ownership: Thrive in an entrepreneurial work environment that offers significant autonomy and ownership of your projects. - Market Exposure: Gain exposure to one of the fastest-growing solar markets in the region, enhancing your professional growth and industry knowledge. Key Responsibilities: - Drive sales of solar modules to EPCs, developers, and C&I customers involved in DG solar projects. - Develop and maintain strong relationships with key decision-makers in the solar value chain. - Generate leads, prepare commercial offers, and negotiate pricing and terms. - Provide market intelligence on pricing, competitor activity, and customer preferences. - Collaborate with the technical team to ensure module specifications meet project requirements. - Manage the sales pipeline, report forecasts, and support logistics and delivery planning. - Attend key industry events, exhibitions, and forums across the KSA solar ecosystem. Requirements: - 5–7 years of sales experience in solar modules or solar components, preferably focused on DG/C&I markets. - Strong understanding of solar modules (mono PERC, bifacial, N-type, etc.) and performance parameters. - Solid network of EPCs, installers, and developers operating in KSA. - Engineering background (B.Tech), with an MBA being a plus. - Excellent negotiation and communication skills. - Fluency in English required; Arabic is a strong advantage. - Willingness to travel within the Kingdom as required. This role is ideal for a seasoned professional looking to make a significant impact in the renewable energy sector. If you possess the requisite experience and skills, and are ready to take on a challenging yet rewarding role, this could be the perfect fit for you.

Solar Recruitment

Chief Technology Officer

Seoul, Korea - Korea; Republic Of (South)

Position Overview: Our client, a prominent renewable energy company based in Seoul, is seeking a dynamic Chief Technology Officer (CTO) to join its leadership team. This role offers the chance to significantly impact South Korea’s renewable energy landscape by driving the technical strategy and operational framework of a high-growth platform. Key Responsibilities: - Oversee design engineering, EPC, supply chain, construction, quality, commissioning, and O&M across all projects. - Collaborate with internal departments, external contractors, and logistics agencies to ensure timely project completion. - Track and analyse key plant performance metrics, implementing continuous improvement initiatives. - Develop and maintain commercial cost strategies with key partners to create sustainable value. - Conduct comprehensive internal audits of EPC contractors, subcontractors, and engineering companies. - Provide technical and logistical support to construction and project managers. - Proactively monitor plant operations and implement timely problem-solving solutions. - Ensure adherence to industry-leading safety and quality standards while fostering a culture of continuous improvement. - Participate in setting long-term growth strategies and develop execution plans. - Monitor industry trends and best practices in solar and energy storage technologies. Skills & Competences: - Master’s Degree from an accredited college or university preferred. - Proven experience in executing solar projects with a focus on improving processes and capabilities. - Background in engineering, procurement, and construction companies, specifically in solar systems delivery. - Strong understanding of solar project development, including engineering requirements and construction management. - Established relationships within the solar industry across engineering, procurement, and construction sectors. - Excellent communication and interpersonal skills, with the ability to work effectively across all organisational levels. - Self-starter with strong organisational skills, capable of managing multiple projects simultaneously in a fast-paced environment. - Strong presentation skills with the ability to communicate effectively with internal and external stakeholders. - Strategic thinking capabilities with solid analytical and critical thinking skills. - Fluency in English, both written and spoken. - Passion for the renewable energy sector and a drive for operational excellence. This role is perfect for a visionary leader eager to shape the future of renewable energy in South Korea. Join our client and be at the forefront of a transformative journey towards a sustainable future.

Solar Recruitment

CFO

Taipei - Taiwan

Are you ready to take your career to the next level? A prestigious company is seeking a seasoned financial professional to join their executive team. This role offers the chance to shape the financial future of a dynamic organisation, providing strategic insights and leadership. Role Overview: 1. Financial Strategy and Planning - Formulate the company's overall financial goals, annual budget, and funding strategies. - Conduct financial analysis and risk control to support business decisions and improve operational performance. 2. Fund Management and Capital Operations - Oversee cash flow management, fund allocation, and capital expenditure planning. - Maintain banking credit relationships and develop financing and investment strategies. 3. Financial Reporting and Regulatory Compliance - Ensure the preparation of financial statements and tax filings in compliance with regulations and accounting standards. - Coordinate with auditors and regularly report financial status to senior management and the board of directors. 4. Internal Controls and Risk Management - Establish robust financial systems and internal control processes to ensure transparency and compliance. - Manage audit issues and legal risks, handling external financial communications. 5. Budget Management and Performance Tracking - Lead the preparation and control of the annual budget, setting and tracking financial performance indicators. - Analyze cost structures and operational efficiency, providing optimization suggestions. 6. Financial Team Leadership and System Development - Lead the finance and accounting team, focusing on talent development and system improvement. - Plan organisational roles to enhance team efficiency and adaptability. 7. External Liaison and Investor Relations - Handle financial communications with the board of directors, banks, auditors, and other parties. - Support public financial disclosures, investor conferences, and investor relations management. Skills and Experience Required: - Proven experience in financial strategy, planning, and analysis. - Strong background in fund management and capital operations. - Expertise in financial reporting, regulatory compliance, and internal controls. - Demonstrated ability in budget management and performance tracking. - Leadership experience in managing finance teams and developing systems. - Excellent communication skills for liaising with external stakeholders and investors. This role is ideal for a strategic thinker with a robust financial acumen and leadership skills. If you are ready to influence the financial direction of a leading company, this could be the perfect fit for you.

Solar Recruitment

Contract Manager - Renewable Energy

Rome, Italy - Italy

Step into a role that promises to challenge and reward in equal measure. As a Contractual Manager within the Infrastructure Department, you will be at the forefront of a dynamic project portfolio. This position offers the chance to work on significant revamping projects across multiple sites, ensuring that your expertise directly contributes to the success and growth of the organisation. Key Responsibilities - Legal Support: Draft, revise, negotiate, and finalise contracts and corporate documentation, including SPVs project contracts, NDAs, corporate resolutions, and more. - Risk Management: Identify legal liabilities and risks, propose solutions, and manage disputes and litigation with third parties. - Corporate Governance: Ensure compliance with regulations, manage corporate housekeeping, and advise on regulatory matters. - Contract Management: Track milestones, renewal dates, and performance obligations, and manage the expiry and renewal of insurance policies and agreements. - Documentation: Draft and review legal letters and agreements, and maintain updated records on the portfolio management platform. - Policy Implementation: Prepare and implement internal policies and procedures to ensure compliance with applicable legislation. - Market Monitoring: Provide market updates and support the portfolio management team in preparing reports for shareholders and investors. Essential Competencies - Experience: 3-5 years in an international legal firm or asset management company, with a focus on the renewable energy industry. - Skills: Proficient in drafting, reviewing, and negotiating commercial contracts. Strong communication and management skills, with the ability to summarise complex matters efficiently. - Knowledge: Understanding of technical, operational, and financial challenges in the sector. Experienced in administrative/regulatory law and dealing with Italian Public Authorities. - Languages: Italian mother tongue and professional-level English. Fluency in another European language is desirable. Qualifications - Master’s Degree or Bachelor’s degree in law or equivalent. - Strong finance and commercial background. - Legally able to work in Italy. Why This Role? This position is not just a job; it's a chance to be part of a collaborative, supportive, and multicultural environment. With the opportunity to work on high-impact projects and interact with stakeholders across Italy and Europe, this role is perfect for a professional looking to make a significant impact in the renewable energy sector. Seize this chance to advance your career in a role that values your expertise and offers a platform for growth and achievement.

Solar Recruitment

Sr. Sales Manager – Solar Module Sales (Utility-Scale) – GCC

Dubai - United Arab Emirates

A leading player in the renewable energy industry is seeking a highly motivated and technically proficient Sales Manager / Senior Sales Manager to spearhead solar module sales for utility-scale solar projects. This position is ideal for a candidate with a robust network among Independent Power Producers (IPPs), Engineering, Procurement, and Construction (EPC) contractors, developers, and government-linked entities involved in large-scale solar power projects. Key Responsibilities: - Drive sales of solar PV modules for utility-scale solar power plants (50MW+), targeting IPPs, large EPC contractors, and project developers. - Build and manage relationships with key regional stakeholders, including developers, consultants, lenders, and procurement teams. - Engage in technical and commercial discussions, provide quotations, and negotiate pricing and supply terms. - Stay updated on utility-scale tenders (DEWA, EWEC, KAHRAMAA, etc.) and support the bidding process with timely module proposals. - Coordinate with technical and supply chain teams to ensure smooth delivery schedules and compliance with project specifications. - Represent the company at major regional exhibitions, conferences, and procurement platforms. - Maintain a robust pipeline and accurately forecast regional sales performance. Requirements: - 5–7 years of experience in solar module sales with a focus on utility-scale projects (50MW and above). - Deep understanding of the GCC utility solar market, tendering processes, and key players (MASDAR, ACWA, AMEA, AEW, EDF, ENGIE, TOTAL, etc.). - Proven track record of closing large module supply deals in the region. - B.Tech in Engineering (Electrical/Mechanical preferred); MBA is a plus. - Excellent negotiation, stakeholder engagement, and communication skills. - Strong analytical and presentation capabilities. - Willingness to travel across GCC countries frequently. - Fluency in English; Arabic is a strong advantage. What’s on Offer: - Competitive fixed compensation plus high-performance sales incentives. - The chance to lead major deals in one of the world’s fastest-growing solar regions. - Work with a globally recognised solar module brand. - An entrepreneurial work environment with strong career advancement potential. This role is based in Dubai, UAE, and offers a remarkable platform for career growth in the renewable energy sector. If you have the required experience and skills, this could be the perfect next step in your professional journey.

Solar Recruitment

Sales Manager (Senior) (DG / C&I) – GCC & Levant Region

Dubai - United Arab Emirates

Our client are looking for a performance-driven Senior Sales Manager to lead solar modules & solution sales across the GCC and Levant regions (excluding KSA), with a focus on the Distributed Generation (DG) / Commercial & Industrial (C&I) segments. The role is ideal for someone with strong regional connections among EPCs, solar developers, and installers working on rooftop, carport, and small ground-mount solar projects. Key Responsibilities Promote and sell solar PV modules & solutions to EPC companies, project developers, and commercial clients in the UAE, Qatar, Oman, Kuwait, Bahrain, Jordan, and Lebanon. Develop strong long-term client relationships and manage key accounts. Generate new leads, qualify opportunities, and negotiate contracts and pricing. Collaborate with technical teams to support customers with product selection and specifications. Provide market intelligence on trends, pricing, competitor activity, and customer needs. Support marketing efforts and represent the brand at regional exhibitions and industry events. Maintain accurate CRM records, sales pipeline tracking, and forecasting. Requirements 5–7 years of successful experience in solar module or component sales, preferably in the DG / C&I space. Strong network of EPCs, installers, and developers across GCC and Levant region. Knowledge of solar module technology such as Topcon, Bifacial etc. Engineering degree (B.Tech or equivalent); MBA is a strong plus. Excellent communication, presentation, and deal-closing skills. Based in the UAE and open to frequent travel within GCC and Levant markets. Fluency in English is required; Arabic is a plus.

Solar Recruitment

Project Manager (Senior)

Romania - Romania

Our client are seeking an experienced Senior Project Manager to lead and support PV projects in Romania. The successful candidate will manage all aspects of the assigned PV projects throughout its life cycle and ensure projects are completed on schedule. Responsibilities Manage the development of the PV plant from site establishment through to final completion, facilitate interface between the EPC contractor and the project sponsor Monitoring and control of the construction of the project portfolio Coordinate and manage the project engineering revisions Budget control of the works and management of cash flows Direct interaction with the utilities to ensure the network connection of PV generation facilities' Verify the compliance of the quality implementation of the subcontracted company Supervise the compliance of the construction with the approved design Ensure quality and timing in the construction, development, and closure of projects during implementation Management of all local stakeholders (landlord, EPC company, etc) Logistic management of the material supplied by our client Develop and maintain project timeline, identify critical path and key milestones for project’s success Communicate with the authorities having jurisdictions regarding interconnection, permitting, and other regulatory compliance issues Identify the sources of likely problems and proactively take preventive measures to avoid any potential project risks, and determine response actions to mitigate any negative impact Possess strong organisational and time management skills Issuing periodically, reports to the company boards Qualifications Bachelor’s degree in Electrical Engineering, Mechanical Engineering or other related engineering fields Proven track record of 3+ years of solar project management experience Electrical licensing strongly preferred related to solar field and HV substations In-depth knowledge of National Electrical Code, solar permitting, and other PV system regulatory codes Strong leadership and communication skills, self-motivated with demonstrated problem-solving capability Self-starter with excellent presentation skills with constant attention to details and accuracy Self-disciplined and result-oriented Fluent both Romanian and English

Solar Recruitment

Project Manager

Romania - Romania

Our client are seeking a Project Manager to lead and support their PV projects in Romania. The successful candidate will manage all aspects of the assigned PV projects throughout its life cycle and ensure projects are completed on schedule. Responsibilities Manage the development of the PV plant from site establishment through to final completion, facilitate interface between the EPC contractor and the project sponsor; Monitoring and control of the construction of the project portfolio; Coordinate and manage the project engineering revisions; Budget control of the works and management of cash flows; Direct interaction with the utilities to ensure the network connection of PV generation facilities' Verify the compliance of the quality implementation of the subcontracted company Supervise the compliance of the construction with the approved design; Ensure quality and timing in the construction, development, and closure of projects during implementation; Management of all local stakeholders (landlord, EPC company, etc) Logistic management of the material supplied by our client. Develop and maintain project timeline, identify critical path and key milestones for project’s success. Communicate with the authorities having jurisdictions regarding interconnection, permitting, and other regulatory compliance issues. Identify the sources of likely problems and proactively take preventive measures to avoid any potential project risks, and determine response actions to mitigate any negative impact. Possess strong organizational and time management skills. Issuing periodically, reports to the company boards. Qualifications Bachelor’s degree in Electrical Engineering, Mechanical Engineering or other related engineering fields. Proven track record of 3+ years of solar project management experience; Electrical licensing strongly preferred related to solar field and HV substations; In-depth knowledge of National Electrical Code, solar permitting, and other PV system regulatory codes. Strong leadership and communication skills, self-motivated with demonstrated problem-solving capability. Self-starter with excellent presentation skills with constant attention to details and accuracy. Self-disciplined and result-oriented. Fluent both Romanian and English

View All Jobs